Forex News.
GBP/USD falling on USD buying, recently weaker U.K. indicators; may continue decline for now, says senior trader at Japanese trust bank. USD supported today as players buying back after U.S. long-weekend; "recent (U.K.) indicators suggest a BOE rate hike is unlikely in current conditions," so players reluctant to buy into pair, he says; may also be selling in anticipation of likely weak U.K. May industrial output data due 0830 GMT. Tips support at 1.97 for now; last at 1.9763
0 comments:
Post a Comment